In the last few weeks, our office has received a huge number of calls from Hartford disability claimants who have had their claims denied or terminated, some of whom had been on claim for many years.
When something like this happens, we always say, “follow the money.” The company’s fourth quarter and full year 2020 Financial Results were reported on December 31, 2020. The Harford’s President, Doug Elliott, and its Chairman and CEO Christopher Swift both presented a positive spin in their quotes (you can read the entire press release here, quotes are at the bottom), with Swift quoted as saying “….Group Benefits results in the fourth quarter were impacted by higher mortality rates in Group life primarily related to COVID-19.”
Here’s what the financials report for this area says:
Group Benefits net income margin was 3.9% in fourth quarter 2020 compared with 10.5% in the year prior. Core earnings margin* was 3.3% in fourth quarter 2020, compared with 10.6% in the year prior. Group Benefits experienced excess mortality of $152 million, before tax, or 8.1 points of margin impact, in fourth quarter 2020, primarily caused by direct and indirect impacts of COVID-19.
The lowest hanging fruit for a disability insurance company? Benefits to claimants.
If your Hartford disability insurance claim has been denied, or if Hartford claims adjusters are asking you to provide an impossible number of documents, we hope this helps you know that you are not alone.
We suggest calling our office at 877-583-2524 today. There are time limits on appealing denied and terminated claims, and you don’t want to lose your disability insurance coverage because you did not respond in time.
Here’s the information we’ll want to know:
- Who is your employer?
- Do you have a group disability policy or a private policy through Hartford?
- What is the nature of your disability?
- When did you file your claim with Hartford?
- When did Hartford deny your claim or ask for more information?
- If your Hartford disability claim was denied, what was the date of the denial?
We’ll also ask you if you have an original copy of your Hartford Long Term Disability policy. It’s especially important for you to have the original copy of your disability policy. The policy that Hartford is using now is hugely different than the policies they sold two, five or ten years ago. The policy is your contract with Hartford, and it will spell out exactly what you are entitled to.
Call our office at 877-583-2524 and find out how you can fight back to get your Hartford disability benefits.